spacer
spacer
.network glossary
page in series:spacer back one page next page spacer
spacer spacer
spacer spacer
spacer
P
spacer spacer
spacer spacer
page down to information spacer
spacer
about Google and  .network
spacer
spacerglossary directoryspacerglossary directory
spacer
more search toolsspacerEnterprise and Economic Development Library
spacer
spacer
spacer

parcel:

... (real estate parcel) a real estate tract or plot legally defined by metes and bounds.
spacer

spacer
definition of parcel of land or real estate parcel
spacer

spacer
participant:

... a person actively engaged as opposed to being an observer. For example, a participant in the mission of The Network. There are three things that anyone interested in joining in on the mission needs to know. Review of the three things makes clear the reason why we (who we are) urge users of The Network towards participation rather than passive observation.

spacer
definition of participant
spacer

spacer
peak performance:

... an attitude carried out in practice that has self-motivation and goal orientation as two of its distinguishing features. It's wrong to refer to a peak performer as a workaholic. The latter can be identified by a focus on busy-work whereas the peak performer sets goals and adjusts prioritiesdashsee How Peak Performers Differ From Workaholics, Charles Garfield.
spacer

spacer
definition of peak performer
spacer

spacer
performance based management:

... the handling, directing, or controlling of employees based on measuring how successful they are in performing tasks or assignments. Goals are set for them and rewards are based on individual achievement. Numerous terms move in and out of fashion related to performance-based management, all related to ongoing efforts to raise performance to the maximum and control costs by rewarding individual workers based on contributiondashsee productivity.
spacer

spacer
definition of performance based management
spacer

spacer
performance/process improvement:

... actions taken to increase productivity, for example by pursuit of excellence; an economic development tool when used in specific situations that result in retention, expansion and investment in a location; a jobs retention tool when successfully applied within a enterprise of value to a community having an economic development best practices program in place.
spacer

spacer
definition of performance improvement
spacer

spacer
performance stepchange:

... a highly focused approach to teaching or coaching for performance improvement that combines state-of-the-art methods and computer monitoring of productivity and customer reactions. A trademark for computer monitoring software used to support a stepped approach to making changes for process improvement or using performance-based management.
spacer

spacer
definition of performance stepchange
spacer

spacer
personal contact:

... the technique of business networking that brings two people together for the purpose of building or maintaining a relationship; precursor to a networking dialogue.
spacer

spacer
meaning of personal contact in business networking
spacer

spacer
personal webpage:

... a online document presenting information about an individual and having its own unique URL address string. A personal webpage shows contact data or a link to it and can be a tool for networking if not allow to be a latent form of promotion, i.e., if the contact it represents keeps it overtly available to those with whom he or she wants to build and maintain working relationships. Eight Essentials for Successful Networking is a guide designed specifically for those who aim to use the personal webpage as an effective business development tool. The Network offers a personal webpage program for resource and service providers engaged in enterprise and economic development throughout the worlddashsee its mission statement.
spacer

spacer
how to create a webpage to use for business networking success
spacer

spacer
Peter Principal:

... a principal set forth by Laurence Johnston Peter (1919-1990) stating that people rise through the employee ranks until they reach a level of incompetence. The parodical term Peter-Out Principal was more recently defined in the book Free Agent Nation.
spacer

spacer
definition of Peter-Out Principal parodies the Peter Principal
spacer

spacer
phishing:

... the act of misusing an email address or similar identity for the purposes of perpetrating a prank, scam or other cybercrime.
spacer

spacer
definition of phishing
spacer

spacer
place:

... a point of reference on a map or found in an atlas; a place of interest targeted when a business decision maker pointing to a map makes a statement similar to the following in regards to an expansion, relocation or new venture startup: This is the area where we need to find a location for our site selection project. The Enterprise and Economic Development Library has a map room which offers resources for finding places of interest that should be listed in The Network along with their location data suppliersdash it's easy to suggest that a place, anywhere, that you are interested in be listed. Read how location identities are suggested for publication in the Area Development Section of Economic Development.net where they become resources for site selectors and other users of The Network.
spacer

spacer
definition of place as a site selection location / definition of a place of interest as a location
spacer

spacer
place seeking economic development:

... a location as defined in this enterprise and economic development glossary. Economic development has many definitions. CLICK HERE, if you would like review definitions in a collection where, altogether, they contain the essential keywords for answering the question of what economic development is. Also, the keywords are organized in a section of the Enterprise and Economic Development Library for your review.

Typically, locations seeking economic development in effect create definitions to suite their specific purposes. Smart places organize their efforts around a best practice approach, recognizing that they should have official contact points for prospects to gather location data. Two resource files of The Network that may be worth reviewing in that regard are (1) about the various categories of location data of interest to prospects and (2) about the types of location data suppliers that help promote and distribute information.
spacer

spacer
places wanting economic development / locations wanting economic development
spacer

spacer
planned community development:

... a place for people and a sustainable economy laid out in advance of its occupancy; a new town resulting from a project for improving real estate so that a residential combined with a commercial and, sometimes industrial market, can be accommodated. Planned community development efforts are usually government controlled so that land for infrastructure such as schools, supporting utilities and public services is set aside. Government may also oversee environmental protection, for example requiring the setting aside of green spaces. For more information see Planned Communities / New Towns (George Mason University Libraries). spacer

spacer
definition of planned community development
spacer

spacer
plant site:

... an industrial site; location of a manufacturing or processing plant; real estate under consideration for the location of an industrial operation. For example, the expression Plant Site Locators (see PSL) was used in the 1990s to identify a site selection service somewhat similar to that of the Site Selection Directory, but not free and open online as is the case with the latter. PSL no longer exists. The Site Selection Directory is not limited to industrial site searches.
spacer

spacer
definition of plant site
spacer

spacer
PSL

... initials that stood for Plant Site Locators. A service that brokered information about plant site location projects to places that wanted economic development prospects.
spacer

spacer
definition of plant site locators
spacer

spacer
post:

... to publish something, for example, to post an announcement of an economic development project and site selection criteria online. The posting of such a notice in the Site Selection Directory is a free service offered to economic development prospects by The Network.
spacer

spacer
what does it mean to post site selection criteria
spacer

spacer
power / power cost:

... energy used in the operations of an enterprise. Power cost or energy cost are categories of location data. Enterprise developers and site selectors want to know what the cost of power will be in a location. CLICK HERE for an example of the power cost used by a data broker or copy and paste the following italicized words in the search box below. Select the search button. Substitute the name of a place of interest to you for the word location inside the quotation marks. Search the Web for ... site selection power cost "location"

linked to introduction of the Google/.network search engine
spacer
definition of power cost as a site selection calculation
spacer

spacer
pre-employment training:

... training provided before employment in order qualify a potential worker for a job. When used for labor screening it offers the advantage of lessening the risk of mismatch which makes pre-employment training exceedingly more practical than OJT (On-the-Job-Training).
spacer

spacer
definition of pre-employment training
spacer

spacer
pro-business:

... an attitude that supports enterprise development; an attitude that a place seeking economic development should have which is reflected by such incentives as right-to-work and tax laws; a category of location data that makes a statement about the business environment in an area, for example, the term may be used as a header in a community profile under which is listed things that make the place attractive to enterprise developers.
spacer

spacer
definition of pro-business
spacer

spacer
process-based management:

... the handling, directing, or controlling of operations, actions, or a series of systematic changes by continuously assessing, analyzing, and improving them.
spacer

spacer
definition of process-based management
spacer

spacer
production skills:

... the demonstrated proficiency, facility, or dexterity of a worker or group which leads to a measurable productivity level; the abilities necessary within a workforce in order for it to produce certain goods or services; an attribute within a labor pool that attracts the attention of a potential employer, say, an economic development prospect; productivity skills.
spacer

spacer
definition of production skills / definition of productivity skills
spacer

spacer
productivity:

... output determined after taking input into account during production which is the ability to create, furnish or supply something that has an exchange value; therefore, it is the power to produce at a rate that can be anticipated, set, or measured. Workforce productivity is an extension of the power of individuals. Work ethic (a dedication to quality production combined with an appreciation for having specific and individual opportunities to engage in work) is a factor in productivitydashsee voice of the customer. Assumptions about the work ethic in a location impact economic developmentdashsee the definition of pro-business.
spacer

spacer
definition of productivity
spacer

spacer
profile:

... a brief that summarizes information about something or presents its distinctive features or characteristics; a community profile; an introduction, such as a scope of project, that provides enough information so that its reader is able to understand what it covers or what is to follow and make a decision about proceeding; a narrative that is a cover synopsis.
spacer

spacer
what is the best way go about gathering as well as presenting information
spacer

spacer
profiling:

... a research or investigative technique for determining group characteristics and using them to reduce the number of selection optionsdashsee the definition of location profiling.

spacer
How is location profiling used in site selection
spacer

spacer
project:

... an undertaking preceded by planning and documented by a Scope Of Project (SOP) or profile. Proper documentation facilitates communications with resource and service providers as well as the collection of information for making project management decisions. Those who participate in the mission of The Network are involved in enterprise development projects, site selection projects, and economic development projects.
spacer

spacer
definition of project
spacer

spacer
project announcement:

... a profile with delineation of wants and needs published or otherwise placed before the eyes of resource and service providers with the intent to they should respond. For example, a project announcement of a search for a location published in the Site Selection Directory in order to request information for a project. A project announcement may also be used to inform the public of something significant that happens during the course of an enterprise development project. For example, a chamber of commerce may announce that a company has chosen its community as the site of an operation that will create a number of new jobs.
spacer

spacer
definition of project
spacer

spacer
project criteria ... see project specifications.
spacer

spacer
definition of project criteria
spacer

spacer
project profile:

... a summary or scope of a project offered as an introduction; an announcement provided to area and local development contacts by a site selector covering his request for information and/or assistance; a brief overview covering a set of specifications or selection criteria used to get the attention or resource and service providers from whom information and proposals are wanted: Effective communicators announce their projects in ways that get the attention of contacts so that they are motivated to respond in a timely manner (source of quote). A project profile published in the Site Selection Directory is the essence of an announcement intended to draw the attention of resource and service providers engaged in the mission of The Network and seek their response.
spacer

spacer
definition of project profile as developed and used by a site selector
spacer

spacer
project scope / scope of project:

... the full range of what is needed and wanted to take a project to its conclusiondashmore.
spacer

spacer
definition of scope of project
spacer

spacer
project specifications:

... specs; documentation of requirements for taking a project to successful conclusion. Selecting the last link in the previous sentence will take you to information in the resource archive of the Enterprise and Economic Development Library about how projects begin and end. The information includes suggestions of three stages of a project broadly presented.

spacer
What are project specs / what are site selection project specifications
spacer

spacer
PSF ... Project Specifications Form. See project specifications defined above.
spacer

spacer
what is a PSF / what is a project specifications form
spacer

spacer
project status:

... where things stand with a project. For simplicity's sake members of the target audience of The Network are offered three project phases to consider using when communicating with resource and service providers, especially with those who are location data suppliers.
spacer

spacer
identification of a site selection project status as either tentative, preliminary or active
spacer

spacer
profit:

... the remainder after the total cost of doing business is calculated and subtracted; value that is clear of all costs; i.e., clear profit. An economic profit is the return a business makes on invested capital, minus the cost of capital, times the amount of invested capitaldashsource.
spacer

spacer
definition of x
spacer

spacer
promise of The Network

... the .network search promise, a commitment to provide personal search assistance for free when requested to do so by those who choose to join in on the mission of The Network.
spacer

spacer
what is the promise of the enterprise and economic development network
spacer

spacer
property ... real property, that which is owned and deemed to have value.
spacer

spacer
definition of property
spacer

spacer
property assets:

... items of economic value that can be converted to cash which are classified as real estate; physical valuables ( real property) such as land and buildings or facilities. A manager of property assets for an enterprise may carry a title such as corporate real estate director. See the definitions of corporate management and corporate real estate executive.
spacer

spacer
definition of property assets / definition of property asset
spacer

spacer
prospect:

WordNet defines a prospect as a candidate. Within The Network prospects are defined as being among those who are members of its target audiencedashenterprise developers or site selectors. An economic development prospect is a person who visits and kicks the tires in a location according to one definition but others see that as a suspect. Prospecting refers to the activity of calling business decision makers, for example, when a group travels together to make calls and promote their location, an effort sometimes referred to as a team trip.
spacer

spacer
definition of prospect / definition of team trip
spacer

spacer
prospect development:

... activities surrounding a systematic search for prospects; something area and local development representatives are typically expected to do as they carry out their responsibilities for marketingdashsee the .network file on economic development marketing.
spacer

spacer
definition of prospect development
spacer

spacer
prospect information:

... that which is requested or wanted by an enterprise developer or site selector, especially location data in the latter case. The ability to find location data suppliers can be useful.
spacer

spacer
definition of prospect information
spacer

spacer
prospect services:

... that which is available for or is provided to a prospect. For example, local development representatives should be positioned to provide prospect information when called upon to do so but their services may go beyond that. Savvy business decision makers may need to know about the ones who can help cut red tape or otherwise facilitate enterprise development.
spacer

spacer
definition of prospect services
spacer

spacer
public-private partnership:

... a venture entered into jointly by a government and non-government entity, generally as a means for organizing the financing and/or management structure for public use or the public good.
spacer

spacer
what is a public-private partnership
spacer

spacer
public-sector financing:

... obtaining and/or using government controlled funds which are made available as incentives to entice private sector participation in financing projects. Lessons from the Field (Northeast-Midwest Institute) has is a source of information about public-sector financing programs. See the definition of public-private partnership and the list of various programs that US members of the .network target user group have asked about over the years.
spacer

spacer
definition of public-sector financing programs
spacer

spacer

spacer
link: .network help / intro

spacer
The words in italics that define economic profit were originally quoted from a publication of the IDRC foundation, The Strategic Alignment Handbookdashgo back.
spacer
* Use of the word membership or member does not imply that visitors to The Network are required to pay fees before becoming users. The Network is a free-access resource.
spacer
FAQ: Is The Network affiliated with or under the control of a membership organization or special interest group? No! The Network is owned by Economic Development Services Inc.
spacer
FAQ: What does it mean to participate in the mission? See the definition of participate.

go back
spacer

[P] page in the .network glossary / page in an alphabetical series

go back / dictionaries and glossaries (.network library) / page up
spacer
spacer
spacer
spacer
about us / copyrights © and all rights reserved / 06/27/2009